lol, told u KPS is rubbish compare to other EMS like skpres , VS n Ataims. KYY already laugh all the way to bank while u all still trapped in this junk :D
Dr Xavier JayaKumar( PKR) forced out by Mai-hai-din and now Act as Independent supporting Bersatu. So what is Xavier real intention of the screaming now....I have no idea.
And some important numbers given by Him-----1) Selangor Gov forked out 6.47billion for Rasau Dam And Fed Gov. will spend another 2 billion to develop Raw Water for ROS project ( 2billion is my estimate on the low end side )
Guess what the Entire Rasau project is 8.47 Billion ( 4 times BIGGER than what was announced in official print ) And KPS is seating on it
For those who doesnT know who is Xavier Jaya, when Xavier was under PKR, he spent 2 years finalising Funds ( more 20 billion ) to Replace Old Water pipes from Selangor to Kedah to reduce NRW losses
Bid submission all in...waiting for announcement...First package 2billion follow by another 2 Billion next year ( 4 billion announcement in 6 months ).....Total 35 Billion approved by SPAN for another 10--15 years
The shifting Sand in Industrial products Quotation during Covid era give very unstable earnings to KPS. But Rasau Water Treatment projects will give more Concrete Earnings in coming 10years..
14months water Chemical supply to Air Selangor, worth RM91,575,875. This contract is bigger than Petronas Contract given to Velesto...Rasau Treatment Plant will come on stream in 2023... Chemical supplies is easily Double ( mother give contract to Son--kps )
is roger purposely spark fire in kps so that he can buy even more shares in kps? everytime still listen his negative comments. if not good, why still at this chat? really no sense at all...
THE tender for the construction of a 700 million litres a day (MLD) Rasau water treatment plant, which closed earlier this month, is understood to have attracted as many as nine bidders.
The tender — valued at between RM1.7 billion and RM2 billion — was called in May by Pengurusan Air Selangor Sdn Bhd (Air Selangor), which has the mandate to supply treated water to Kuala Lumpur, Selangor and Putrajaya.
A contract is likely to be awarded at the end of the year while the construction of the water treatment plant is to be completed in 2024.
Air Selangor executives declined to comment when contacted, citing it as “improper” to reveal any information on the bidders. There is also likely to be confidentiality agreements and requirements in place with regards to the tender process.
Nevertheless, it is understood that of the nine bidders, two are Selangor state-controlled entities while another four are strong public-listed companies, namely IJM Corp Bhd, Gamuda Bhd, Taliworks Corp Bhd and Salcon Bhd. The rest of the bidders are not known and could be smaller private companies.
A source says George Kent (M) Bhd — which has been involved in various segments of the water sector since the early 1990s and undertaken jobs in Port Moresby, Papua New Guinea — could be partnering with one of the Selangor state-controlled entities bidding for the contract.
“There is a lot of lobbying going on, but I feel the Selangor state entities have a good chance [of winning the contract],” says another source.
A market observer familiar with the water sector questions the high price tag of between RM1.7 billion and RM2 billion, saying that the rule of thumb is that it costs RM1 million per MLD.
An executive with a water treatment concessionaire, however, explains, “What needs to be understood is that the dirtier the water [that needs to be treated], the higher the cost will be. In this case, we are not looking at treating water from the Alps [which is pristine, but quite the opposite in this case],” he says. The bidders
As far back as 1996, IJM had a 36% stake in the Binh An water treatment plant, which had a 25-year concession to supply treated water to parts of Ho Chi Minh City in Vietnam. In 2009, IJM, Shimizu Corp and UEM Builders Bhd, as part of a consortium, won a RM1.3 billion contract to construct a 45km tunnel through the Titiwangsa mountain range and build a pump station as part of a multibillion-ringgit Pahang-Selangor interstate water transfer project.
For its first quarter ended June 2021, IJM chalked up a net profit of RM65.68 million from RM1.31 billion in revenue. At the stock’s closing price of RM1.88 last Wednesday, the group had a market capitalisation of RM6.85 billion.
Gamuda, meanwhile, held 40% equity interest in Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH), the concession holder of the Sungai Selangor Water Supply Scheme Phases 1 and 3, which controlled about 45% of the treated water supply to Selangor, Kuala Lumpur and Putrajaya.
However, in May 2019, SPLASH was sold to Air Selangor for RM2.55 billion. Nevertheless, Gamuda still operates and maintains the Sungai Selangor Dam and the Rasa and Bukit Bandong water treatment plants, which produce as much as 1,050 MLD a day.
For its financial year ended July 2021, Gamuda registered a net profit of RM588.32 million from RM3.52 billion in sales. Its shares ended trading at RM3.26 last Wednesday, translating into a market value of RM8.19 billion.
Salcon is a known water treatment player locally, and had expanded into China, but sold out of those businesses in 2016. Back home, it has a 36% stake in the 1,130 MLD Langat 2 water treatment plant, which was constructed after Salcon and its partners secured a RM1 billion contract in April 2014.
For the six months ended June this year, Salcon made a net profit of RM8.6 million from a turnover of RM303.12 million. Its share price ended at 22 sen last Wednesday, valuing the company at RM222.73 million.
Taliworks’ wholly-owned unit Sungai Harmony Sdn Bhd has an operations and maintenance contract for Phase 1 of the Sungai Selangor water treatment plant. Until October last year, the company also operated the water supply and distribution in Langkawi, Kedah.
For the six months ended June this year, Taliworks posted a net profit of RM24.95 million from RM127.54 million in sales. Its share price closed at 83.5 sen last Wednesday, giving the company a market value of RM1.68 billion.
For its first financial quarter ended June, George Kent raked in RM11.79 million in net profit from RM61.28 million in sales. Its shares ended trading at 70.5 sen last Wednesday, translating into a market capitalisation of RM396 million.
While the tender for the Rasau water treatment plant, which is under the first package, closed earlier this month, the tenders for packages two and three — which make up the piping, pump station and retainer pond, or loosely termed the distribution system, valued at around RM1 billion — are u
George Kent is also a Bidder. But most likely KPS is going to win...Air Selangor's son.........
“There is a lot of lobbying going on, but I feel the Selangor state entities have a good chance [of winning the contract],” says another source ( from the Edge )
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gorengkitty
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Posted by gorengkitty > 2021-08-27 12:49 | Report Abuse
i pun trap sikit here due to uncle koon, sienz, qr under expectations, i wonder what he have to say